Learn and earn at imToken Ⅳ Campaign period: 2022/08/11 15:00 - 2022/08/25 15:00 (SGT)
Task:
A quiz score of 80 gets you a tribute NFT, and a perfect score of 100 gets you into one prize pool worth $1,000, with a total prize pool value of about $8,000 USDC.
There are 8 tribute NFTs, UR and SSR represent the rarity score of the NFT. UR represents a 5% legendary acquisition rate and SSR represents a 15% rare acquisition rate.
Learn & Earn at imToken - Ethereum NFT Marketplace Quiz Answers!
1. Who receives LooksRare’s platform fees?
The LooksRare team
LooksRare treasury
NFT creators
LOOKS stakers [ Correct Answer ]
2. What are the types of rewards available on LooksRare?
Trading Rewards
Listing rewards
Staking LOOKS to earn plaftform fee
Staking LOOKS to earn LOOKS block rewards
All of the above [ Correct Answer ]
3. One collection has 8,000 NFTs with 0.5% royalty fee, and ranked in the top 10 volumes in the last 24 hours. A user listed an NFT from this collection at 1.2x of the floor price and sold it successfully after 5 hours. What kind of rewards can this user get on LooksRare?
Listing rewards only
Trading rewards only
Both the listing rewards and trading rewards [ Correct Answer ]
4. Which of the following statements is false when a user stakes LOOKS tokens?
Earn LOOKS rewards
Earn WETH rewards
Earn WBTC rewards [ Correct Answer ]
5. Which statement is false about auto-compounding?
LOOKS rewards received from their staked LOOKS balance are automatically re-staked into the pool (or compounded)
Users can choose whether or not to use auto-compounding
Auto-compounding requires manual action by the user on a daily basis [ Correct Answer ]
6. Collection offer means _____.
the user places the same WETH offer for specific traits within a collection.
the user places the same WETH offer on every item within a collection with just a single click. [ Correct Answer ]
the user can make an offer on a single NFT.
7. Which of the following statements is false about the bulk listing function?
You can list NFTs at different prices
Once a listed item is sold, the other listings are invalidated [ Correct Answer ]
You can list NFTs at the same price
8. A conditional listing is ____.
when you list two items - sell one, and keep the other. [ Correct Answer ]
when you can list unlimited NFTs
when you list an NFT from the “Conditional” NFT collection
9. The tool available on LooksRare for buyers wishing to contact the seller is ______.
Blockscan Chat [ Correct Answer ]
Discord
10. LooksRare’s platform fee is ___.
2.0% [ Correct Answer ]
2.5%
3.0%
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